U.S. President Donald Trump's move allowing foreign-flagged cargo ships to move fuel and other goods between domestic ports has so far had little impact on American oil supply, according to trade data and analysts who noted that U.S. refiners…
An oil tanker loaded with Iraqi crude passed through the Strait of Hormuz close to the Iranian coast, a day after Iran said Iraq was exempt from any restrictions to transit the vital sea route, data from LSEG and Kpler showed.The Ocean Thunder…
A cargo ship carrying wheat sank in the Sea of Azov after coming under attack from Ukrainian drones, a Russia-installed official said on Sunday, leaving one person dead and two missing.Vladimir Saldo, Moscow-installed leader of the Russian-controlled parts of Ukraine's Kherson region…
The IMO Facilitation Committee (FAL) has approved a global strategy for maritime digitalization as well as cybersecurity measures for maritime single windows.Meeting in London for its 50th session (23 - 27 March), the Committee approved the…
Transit through the Strait of Hormuz remains controlled rather than open, but throughput is increasing, according to Windward’s latest intelligence report.On March 30, six AIS-transmitting vessels crossed the corridor, while additional movements…
The U.S. Court of Appeals for the D.C. Circuit has upheld a Federal Maritime Commission (FMC) rule defining when ocean carriers unlawfully refuse to negotiate or provide vessel space, rejecting a challenge from the World Shipping Council (WSC)…
Iran attacked a fully-loaded crude oil tanker at Dubai Port's anchorage on Monday, setting it ablaze and damaging its hull, Kuwait's state news agency reported, citing Kuwait Petroleum Corp, which warned of a possible oil spill.The apparent…
Animals are being transported in their thousands to active conflict areas such as Israel, Lebanon, and Saudi Arabia.Animal protection organisations have been calling on the European Commission to suspend the voyages, andtwo petitions have now been established…
The U.K. government has committed up to $85 million (£64 million) to support the development of a floating offshore wind port at Port Talbot in Wales, as part of efforts to expand clean energy capacity.The funding will support Associated British…
Russia's Baltic Ust-Luga port, one of its largest petroleum export hubs, was damaged again on Sunday by a Ukrainian drone attack which sparked a blaze later brought under control, Russian officials said.It followed several Ukrainian drone strikes…
At first glance, the Iran war appears to be hitting oil and gas with equal force, as missiles, drone strikes and shipping disruptions choke flows through the Strait of Hormuz.But beneath that surface symmetry lies a critical imbalance. The global…
Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub…
Two tankers bound for India sailed through the Strait of Hormuz on Monday, as U.S. President Donald Trump threatened to attack Iran’s power plants unless Tehran drops threats that have effectively closed the Gulf.Gulf nations including Saudi…
Bahrain has put forward a draft United Nations Security Council resolution that would authorise countries to use 'all necessary means' - diplomatic language for force - to protect commercial shipping in and around the Strait of Hormuz, according to a text seen by Reuters on Monday…
Asian refiners are increasingly sending medium-sized crude cargoes from the U.S. Gulf Coast to Asia through the Panama Canal as the U.S.-Israeli war with Iran disrupts trade flows, raises shipping costs and forces Asian refiners to hunt for alternative supplies…